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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Condo Investment Properties for Sale in Coventry, CT
$ 269,000
ROI
25.9
Cash Flow/m
458- 2 Bed
- 2 Bath
- 1088 sft
28 Armstrong Road #C28, Coventry, CT, 06238
$ 439,000
ROI
26.1Cash Flow/m
780- 2 Bed
- 2 Bath
- 1837 sft
6 Flanders Woods Lane #6, Coventry, CT, 06238
$ 229,900
ROI
20.8Cash Flow/m
68- 2 Bed
- 2 Bath
- 1230 sft
745 Merrow Road APT 102, Coventry, CT, 06238
$ 250,000
ROI
19.8Cash Flow/m
1- 2 Bed
- 1 Bath
- 1052 sft
28 Armstrong Road #D32, Coventry, CT, 06238
Why Invest in Coventry, Connecticut?
Investing in Coventry, CT, particularly in condos, offers a unique opportunity to capitalize on the growing demand for affordable housing options in the region. With an average rental yield of 6.5% and a cap rate of 5.2%, the potential for excellent returns is supported by a stable workforce and steady appreciation in property values over the years.
8%
Avg. ROI
6.5%
Rental Yield
5.2%
Cap Rate
$150/mo
Avg. Cash Flow
$1800/mo
Avg. Rent
3.5%
1Y Appreciation
Frequently Asked Questions
The average rent for condos in Coventry is approximately $1,800 per month, making it an attractive option for renters seeking affordability.
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